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Best Litecoin Gambling Sites 2024: List of the Greatest LTC Gambling Bonuses

Last Updated on 05/04/2024
Fact checked by: Heather Williams

Litecoin gambling is getting more and more popular, and this guide is here to tell you why so many people are choosing to bet on sports and play casino games with this cryptocurrency.

You’ll find that growing numbers of online gambling sites now take Litcoin payments. While this is good news, it can be hard to know which sites to use. So this guide will help you find the Litecoin gambling sites with the best odds, the best games, and bonuses like that exclusive Stake.com TGHSTAKE promo code.

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Compare the Best Litecoin Gambling Sites for April

What is Litecoin gambling?

Litecoin gambling involves using the Litecoin cryptocurrency to make deposits at online sportsbooks, and then you can use these funds as stakes for betting on sports and playing casino games. You will also be able to withdraw any winnings that you make through Litecoin back into your crypto wallet.

Apart from the fact that you are using a cryptocurrency, Litecoin gambling works just in the same way as if you were using a regular fiat currency. This means you get access to bet on all of the same kinds of sports, as well as wager on all of the standard slots and table games.

However, using Litecoin offers a number of advantages over using fiat currencies, as well as a few advantages over other cryptocurrencies, as we will discover below.

A quick introduction to Litecoin

Litecoin is actually the second-oldest cryptocurrency, and it was introduced in 2011 after the success of Bitcoin. It is still seen as being an ‘altcoin’ in that it aims to offer some advantages to the original cryptocurrency while retaining the essential features of Bitcoin.

Like Bitcoin, Litecoin is based on blockchain technology to allow its users to send and receive money without a centralised authority such as a government or financial body. The blockchain acts as a public ledger to record each transaction between individuals and businesses.

What makes Litecoin different from Bitcoin is the fact that it has a larger maximum supply of coins, and Litecoin transactions are also four times as fast as that of Bitcoin. This has meant that many people now use Litecoin for their regular transactions while keeping Bitcoin as a store of value.

Benefits of Litecoin gambling

Want to know why more people are using Litecoin for gambling online? Here are a few big reasons:

  • Lightning-fast processing times: Most cryptocurrencies can be used for fast deposits and withdrawals, but Litecoin is faster than most. It is up to four times as fast as Bitcoin, and this means less waiting to use your deposits for betting and less waiting to get your hands on your winnings.
  • Wager across borders: Because Litecoin is a cryptocurrency, it means that it isn’t tied to any one particular nation or financial institution. As a result, you can use Litecoin to make deposits and withdrawals from gambling sites that are operating outside of your jurisdiction.
  • Make anonymous payments: Don’t want your online gambling showing up on your bank statement? Then consider using Litecoin to make your deposits, as you can often do this without having to reveal too much in the way of personal information.
  • Security: Unlike some other cryptos, Litecoin hasn’t suffered from any major hacks. This is largely down to the fact that it uses a special kind of hashing called Scrypt that is designed to offer a higher level of security against any attacks.

Watch out for these drawbacks of LTC gambling

Although Litecoin has lots of benefits when it comes to online gambling, we thought it only fair that we highlight some of the disadvantages of using this cryptocurrency:

  • Limited acceptance: Online gambling sites are only just starting to accept cryptocurrencies, and if they do, the chances are that they’ll only take the larger coins like Bitcoin and Ethereum. So if you have your heart set on using Litecoin, you might face a smaller choice in terms of the online sportsbooks and casino sites that you get to use.
  • Rogue operators: Unfortunately, cryptocurrencies have a tendency to be focused on by scam gambling sites that operate outside of any kind of licensing or regulation. These sites are blacklisted by governments and they are, therefore, very unlikely to be used by legitimate payment providers. This is why you should always be careful about which Litecoin gambling sites you sign up to.
  • Fees: If you use most fiat currencies for online gambling, then you shouldn’t encounter any fees for moving your money around. The same isn’t true for Litecoin, as users can expect to pay around $0.05 for each transaction they make. While this is a lower amount compared to the likes of Bitcoin, it still means that you’ll have to pay fees every time you use Litecoin.

How to make a deposit at a Litecoin gambling sites

You’ll like how easy it is to make a Litecoin deposit at any decent online sportsbook or casino. Here is what you need to do:

Get the deposit address

Once you’ve signed up to the Litecoin gambling site, you can go to the cashier section and select Litecoin as your preferred payment method. This should reveal the gambling site’s deposit address that you can copy.

Paste in the address

Now you can simply go back into your crypto wallet, paste in the address of the gambling site that you want to make the payment to, enter in how much Litecoin you wish to transfer, and submit your payment. The deposit should take just a matter of minutes to get added to your account. 

Our favorite Litecoin gambling sites

Making a Litecoin withdrawal at a gambling site

Most good crypto gambling sites will automatically preselect the crypto wallet used for making your deposits for making your withdrawals. Here’s how it works:

  1. Once you have made some winnings, you can go into the cashier section, select withdrawal and find that your crypto wallet, along with Litecoin, has been pre-selected.
  2. Now you can simply enter how much you wish to withdraw, verify your crypto wallet details and put in your payout request.

Litecoin withdrawals are usually handled fairly quickly, although some gambling platforms reserve the right to take anywhere between 24 and 48 hours to verify all payout requests. But on the whole it shouldn’t usually take much longer than a day to get your Litecoin withdrawals back in your wallet.

Top Litecoin gambling sites to play at

There are lots of decent Litecoin gambling sites out there, but we think that Stake.com offers you a particularly good option. This is because the brand securely handles all of your Litecoin deposits and is notably fast at paying out your Litecoin withdrawals.

Unlike many Litecoin gambling sites, Stake.com is fully licensed and regulated. This means that it is legally allowed to operate in a number of jurisdictions, and you will also get a good amount of customer protection.

Stake.com also offers consistently excellent odds for all major and minor sports, and it hosts an impressive range of slots and table games. However, the best thing could be the fact that you can sign up to Stake.com, make a Litecoin deposit while using the exclusive TGHSTAKE code, and find yourself with a welcome offer that gives you a 200% deposit match up to $1000 as well as 10% in rakeback.

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Conclusion - Keep it here for more about Litecoin gambling

Litecoin is easily one of your best options when it comes to gambling with cryptocurrencies. Its fast processing times and relatively low fees means that it represents a good way to make your deposits and withdrawals.

While LTC gambling doesn’t yet feature at too many online sportsbooks and casinos, we believe that it’s only a matter of time before more gambling platforms accept this crypto coin. So be sure to check back here to see some exciting new Litecoin gambling sites.

Our favorite gambling site bonuses

Litecoin gambling FAQ

❓ What is a Litecoin promo code?

A Litecoin promo code can is something that anyone who wants to gamble online will be interested in. Read our guide to Litecoin gambling to see why promo codes are so highly sought after.

📱 Who has the best Litecoin gambling app?

Lots of gambling brands have mobile-friendly sites, but not all of them have apps. Check out our guide here at TheGameHaus.com to see which Litecoin gambling brands give you the best ways to play from a mobile.

🎁 Which sites have a Litecoin no deposit bonus?

Take a look at our guide to see where you can get a no deposit bonus to help you with your Litecoin gambling. Perfect for enjoying some crypto gambling without having to spend a single penny.

👀 How do I use a Litecoin gambling site?

Don’t miss out on our guide that shows you just how easy it is to use a Litecoin gambling site. You’ll get step-by-step guides to signing up, making deposits and then withdrawing whatever wins you make.

🎰 What kinds of Litecoin gambling games are there?

All good Litecoin gambling sites will give you hundreds of games to play. Check out our guide to see what kinds of games you could be playing with your Litecoin deposits.

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